News and Reports

Highfield secures finance for potash development

March 31, 2022 / www.mining-journal.com

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining After years of setbacks, largely thanks to a protracted approvals process, it has secured a non-binding i...Read More

Tharisa takes majority stake in Karo

March 31, 2022 / www.mining-journal.com

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Tharisa has exercised a farm-in option to invest US$27.0 million to increase its stake in Karo Holdings f...Read More

Teck signs up for Bunker Hill concentrates

March 31, 2022 / www.mining-journal.com

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Idaho-based Bunker Hill Mining is aiming to re-open the mine in the second-half of 2023.Read More

Chile government wants more mining

March 31, 2022 / www.mining-journal.com

"There needs to be a change in the model of mining development and we want to play an important role to coordinate this to position mining in Chile as an example of being able to face localRead More

Tiffany Rejects Cartier's "Bizarre" Lawsuit

March 31, 2022 / www.idexonline.com

(IDEX Online) - Tiffany & Co has filed a forceful court denial over claims by rival Cartier that it had tried to steal its trade secrets."This case presents a truly bizarre circumstance," it says in a preliminary statement to the New York State Supreme Court."Cartier's principal 'evidence' is the affidavit of an ex-employee who confesses she has lied to everyone, including both...Read More

Namdia Names it "Special Clients"

March 31, 2022 / www.idexonline.com

(IDEX Online) - Namibia's state-owned diamond company has named the 36 "special clients" that will buy the bulk of its output for the next three years.Dubai and Belgium both have nine clients, India eight, Israel five, USA three, but only two from Namibia.Namib Desert Diamonds (Namdia) was founded in 2016 following an agreement between the government of Namibia and De Beers to "test"' wh...Read More

Lucapa Increases Lulo Diamond Forecast by 11%

March 31, 2022 / www.idexonline.com

(IDEX Online) - Lucapa has increased its forecast of diamond resources at Lulo, Angola, after further explorations.The Australian miner has revised the number of carats up by 11 per cent, from 135,900cts to 151,040cts. That takes into account the 24,595ct mined during 2021.It is also predicting a steep rise in the price per carat, up from $1,440 (31 December 2020) to $1,930 (31 December 2021), exc...Read More

War in Ukraine: Iris Van der Veken Quits as RJC Boss

March 31, 2022 / www.idexonline.com

(IDEX Online) - Iris Van der Veken has quit as executive director of the Responsible Jewellery Council (RJC) over its failure to take a tougher stance against Alrosa.The Russian miner voluntarily relinquished its vice-chairmanship of the London-based group following the invasion of Ukraine, but remains a member.Van der Veken (pictured), who has headed the RJC since 2019, is reportedly unhappy that...Read More

Cheap stock or faulty analysis?

March 31, 2022 / www.mining-journal.com

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining   Barton Gold, which listed in June 2021 after raising A$15 million, was one of the presenting compa...Read More

Shared water infrastructure opportunity for Chile,...

March 31, 2022 / www.mining-journal.com

SMI's analysis, undertaken with research group Cesco and Germany's GIZ points to potential savings of 50% in capital and operating costs and a 75% land use reduction through shared waterRead More

Copper is booming so why so glum?

March 31, 2022 / www.mining-journal.com

Things were very different the last time conditions for the red metal were so bullish, during the commodities super cycle in the last decade.Read More

US mining body wants Chile tax treaty passed

March 31, 2022 / www.mining-journal.com

"This [US-Chile Tax Treaty] has been awaiting ratification for more than a decade - we must move forward to ensure the success of US companies that invest in Chile and to level the playing field withRead More

Investments from autocratic states need full ICA review, says parliamentary committee

March 31, 2022 / www.northernminer.com

All investments made by firms from authoritarian regimes should undergo the complete security review process stated in the Investment Canada Act (ICA), a parliamentary committee said in a new report that analyzed the acquisition of Neo Lithium, a Canadian-listed company, by China's Zijin Mining. While all foreign investments undergo a preliminary national security screening by Canadian authorit...Read More

Clean Air Metals seeks continuity between zones at Escape project

March 31, 2022 / www.northernminer.com

Clean Air Metals (TSXV: AIR; OTC: CLRMF) has received new assays from drilling at the Escape platinum group-copper-nickel deposit, part of its flagship Thunder Bay North project. The property is located near Thunder Bay, Ont., about 60 km southeast of the Lac des Iles mine owned by Impala Platinum.The latest drill results from the Steepledge extension area are highlighted by hole ELR22-115, which...Read More

Taseko ups reserves, extends Gibraltar mine life by 23 years

March 31, 2022 / www.northernminer.com

Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has upped its proven and probable sulphide reserves by 40% to 640.5 million tonnes grading 0.25% copper and 0.008% molybdenum. The increase allows the company to extend the life of the mine a further 23 years. During that time, the company anticipates producing 3 billion lb. copper and 53 million lb. molybdenum."Over the last two years there has been a...Read More

Mining's latest pivot means adjusting to a higher-cost world

March 31, 2022 / www.northernminer.com

Mining was one of few industries that saw relatively little disruption at the start of the global Covid-19 pandemic in March 2020. And although miners endured commodity price volatility, they enjoyed low or stable costs in the early part of the pandemic (remember the first-time-ever negative oil price of April 2020, when West Texas Intermediate went down to -US$37.63 per barrel?). Lower input cos...Read More

Scotiabank speculates on next round of likely gold mergers, with Kinross, Yamana, high on the list

March 31, 2022 / www.northernminer.com

The ongoing trend of mergers in the gold sector is expected to continue this year with companies like Kinross Gold (TSX: K; NYSE: KGC), Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), Centerra Gold (TSX: CG; NYSE: CGAU) and OceanaGold (TSX: OGC; ASX: OGC) "most likely" to participate in the latest round of consolidation, according to Scotiabank analysts. In a new report released this week, entitle...Read More

Sabina Gold completes $126.5M bought deal; Goose project now fully financed

March 31, 2022 / www.northernminer.com

Sabina Gold & Silver (TSX: SBB; OTC: SGSVF) has completed a bought-deal offering with a syndicate of underwriters led by BMO Capital Markets for gross proceeds of $126.5 million. The company is owner of the Back River gold district in Nunavut hosting a total of six properties, including the advanced-stage Goose mine project.This round of financing saw Sabina issue approximately 81.6 million of its...Read More

Nickel anode key to making fuel cells cheaper, more efficient

March 31, 2022 / www.northernminer.com

Researchers at Cornell University found that a nitrogen-doped, carbon-coated nickel anode can catalyze an essential reaction in hydrogen fuel cells at a fraction of the cost of the precious metals currently used.In their view, the discovery could accelerate the widespread use of clean hydrogen fuel cells in vehicles and other applications.In a paper published in the journal Proceedings of the Nati...Read More

Why Is the Ruble Soaring?

March 31, 2022 / dailyreckoning.com

President Joseph Biden, March 26:"As a result of our unprecedented sanctions, the ruble was almost immediately reduced to rubble."Business Standard, March 29:The ruble has recouped most of its losses and become the top-performing currency globally... The ruble appreciated to 83 to the dollar intraday on Tuesday against a record low of 139 on March 7. Thanks to the recent rally, the ruble is only a...Read More

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